Description: Costco Wholesale Corp. posted a 17 percent increase in first-quarter profit, surpassing some analystsÃ estimates, as membership fees boosted revenue for the largest U.S. warehouse-club chain
Questions for discussion:
- Summarize and evaluate the results reported in the article?
- What stock price would you put on Costco?
- Do you think these results indicate anything that can be generalized for the economy as a whole?